Shinhan Financial Group buys 77.04% stake in Lotte Non — Life Insurance for KRW 693.34 billion
Shinhan Financial Group moved to buy 239,082,287 Lotte Non-Life Insurance shares for KRW 693.34 billion, targeting subsidiary status. Stake would rise to 77.04%, giving Shinhan management participation control in the insurer. Board decision dated Oct. 13, 2026; transaction to be funded in cash. Purchase price remains s